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Oriole, Inc., has 10300 shares of 4%, $100 par value, noncumulative preferred stock and 82400 shares of $1 par value common stock outstanding at December
Oriole, Inc., has 10300 shares of 4%, $100 par value, noncumulative preferred stock and 82400 shares of $1 par value common stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $121300 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020?
$80100
$0
$41200
$15450
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